G.R. No. 147950 - California Bus Lines Inc. vs. State Investment House Inc.

California Bus Lines Inc. vs. State Investment House Inc.

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Title Supreme Court: California Bus Lines Inc. vs. State Investment House Inc.

Case: G.R. No. 147950

Decision Date: Dec 11, 2003

Delta assigned promissory notes to SIHI; CBLI defaulted, leading to foreclosure. SIHI’s collection claim upheld; compromise agreement didn’t bar SIHI. Attachment valid; CBLI’s counterclaim dismissed.

bus company

loan payments

restructuring agreement

Very Long 34 min

END